(Photo - Airbus)San Francisco based Virgin America today announced it plans to order 40 new Airbus A320 aircraft, with options for 20 additional aircraft. The new aircraft would be delivered from 2013 through 2016 – with 10 firm orders per year on average, and options for 20 additional aircraft in 2017-2018. With today's order of 40 new aircraft and growth from other sources, Virgin America's fleet is projected to grow from its current 28 aircraft to 90 aircraft by 2016 – a compounded annual growth rate of 21.5 percent.
David Cush, Virgin America President and CEO, and John Leahy, Airbus Chief Operating Officer, make the announcement of their memorandum of understanding today at the Farnborough International Airshow.
(PRNewswire)
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